Federation des caisses Desjardins du Quebec Raises Position in Roper Technologies, Inc. $ROP

Key Points

• Federation des caisses Desjardins du Quebec increased its holdings in Roper Technologies, Inc. by 3.3% in the 1st quarter, owning 35,183 shares valued at approximately $20.75 million.
• The company reported a quarterly EPS of $4.87, surpassing estimates, and has set its FY 2025 guidance between $19.900-20.050 EPS.
• Roper Technologies announced a quarterly dividend of $0.825 per share, with an annualized dividend yield of 0.6%, reflecting a payout ratio of 23.19%.

Federation des caisses Desjardins du Quebec lifted its position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 3.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,183 shares of the industrial products company's stock after purchasing an additional 1,136 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Roper Technologies were worth $20,753,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ROP. Saudi Central Bank acquired a new stake in shares of Roper Technologies during the 1st quarter valued at approximately $25,000. MorganRosel Wealth Management LLC acquired a new position in Roper Technologies in the 1st quarter valued at $27,000. Olde Wealth Management LLC acquired a new position in Roper Technologies in the 1st quarter valued at $31,000. Wayfinding Financial LLC purchased a new stake in shares of Roper Technologies during the 1st quarter valued at $31,000. Finally, Alpine Bank Wealth Management purchased a new stake in shares of Roper Technologies during the 1st quarter valued at $34,000. Hedge funds and other institutional investors own 93.31% of the company's stock.

Roper Technologies Trading Down 1.6%

Roper Technologies stock traded down $8.68 during midday trading on Friday, reaching $518.44. The stock had a trading volume of 700,577 shares, compared to its average volume of 632,690. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The firm has a market cap of $55.79 billion, a price-to-earnings ratio of 36.15, a PEG ratio of 2.77 and a beta of 1.03. The firm's fifty day simple moving average is $543.45 and its two-hundred day simple moving average is $559.77.

Roper Technologies (NYSE:ROP - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. During the same quarter in the prior year, the company posted $4.48 EPS. The firm's revenue was up 13.2% compared to the same quarter last year. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. Equities analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies's payout ratio is presently 23.19%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on ROP shares. Truist Financial boosted their price objective on shares of Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Citigroup began coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 price target for the company. Royal Bank Of Canada upped their price target on shares of Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. upped their price target on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Finally, Mizuho set a $600.00 price target on shares of Roper Technologies in a research report on Friday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $636.36.

Insiders Place Their Bets

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the business's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total value of $846,255.00. Following the completion of the transaction, the vice president owned 38,932 shares of the company's stock, valued at approximately $21,964,266.44. The trade was a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total value of $195,800.00. Following the sale, the director directly owned 20,510 shares in the company, valued at $11,408,687.50. This trade represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.78% of the stock is owned by insiders.

Roper Technologies Company Profile

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.